Asia
Toho Titanium Set for May 28 Delisting Following Shareholder Approval of Share Exchange
Toho Titanium (TYO:5727) will be delisted from the Tokyo Stock Exchange on May 28, after shareholders approved the proposed share exchange agreement with JX Advanced Metals (TYO:5016) at an extraordinary general meeting held on April 24.The approval triggers the delisting criteria under the Securities Listing Regulations, making Toho Titanium a wholly-owned subsidiary of JX Advanced Metals, according to its Tokyo bourse filing on Wednesday.As a member of the JX Advanced Metals Group, Toho Titanium pledged to continue enhancing corporate value and contributing to society.
TYO:5016TYO:5727